Recently, both the price of ADA and the ETH price have seen some dips. In fact, they have experienced double-digit drops on the weekly charts. Although some influencers like Marzell and Gordon have made some shocking price predictions for these altcoins, a lot of people are turning to Digitap ($TAP) this holiday season.
This could be because the 12 Days of Christmas Holiday Drop event went live. During this event, users can unwrap an offer every 12 hours for 12 days. Not only that, $TAP entered phase three of its crypto presale event. Given that it has already provided early buyers with a 196% return, many traders look at $TAP as the most promising crypto to buy.
Cardano could rebound to $0.50, but technicals flash sell signals
Although one of the top 10 altcoins to buy, Cardano has been very volatile recently. CoinMarketCap shows that the price of ADA fell from around $0.40 to nearly $0.35 in the past seven days. This is just a continuation of the monthly downtrend, which saw Cardano’s value dip by over 20%.
However, influencer Marzell thinks a rebound is coming ahead for the Cardano crypto. According to his X post, this altcoin now shows a double bottom near the $0.38 support zone. A potential breakout may lead to the price of ADA rebounding to the $0.50 level.
Nevertheless, TradingView poses some challenges ahead for this Cardano price prediction. Notably, both its MACD level and its momentum indicators have been falling in the sell zone. This may lead to more dips for the price of ADA as selling pressure rises.
How likely is Ethereum to enter an expansion phase?
Ethereum is another altcoin that is showing bleeding price movements. On the one-week chart, the ETH price fell from around $3,200 to nearly $2,800 as per CoinMarketCap. In other words, there was a 10% drop for Ethereum in just a few short days.
Traders are still excited thanks to a bullish Ethereum price prediction from influencers like Gordon. In a recent post, Gordon informed his X community that this altcoin has been consolidating for 4 years. The upcoming expansion phase could potentially lead the ETH price to the $30,000 level, as per Gordon.
But many are skeptical of this prediction about the Ethereum crypto. To achieve this level, it would need a market cap of around $3.5 trillion. This is simply not achievable anytime soon since it now sits around $340 billion. Thus, the ETH price could take some time before expanding.
Digitap: A Christmas event draws attention, the top crypto presale?
Digitap has been making its presence known in the market. Their crypto presale has advanced to the third phase while making over $2.5 million in record time and giving early investors a 196% return. Its progress has been steady as they sold over 150 million $TAP coins so far. Demand is increasing as holders of the $TAP crypto receive cashback from every Digitap transaction.
Speaking of which, it has created the first “omnibank” in the world. Users are able to manage, switch, or spend over 100 crypto coins and fiat currencies all from one place. Users wishing to have additional features, such as offshore banking services, can upgrade to a Digitap Pro account. This offers users a way to hold wealth outside of their own country, which is a good thing to have in the current volatile market.
Furthermore, Digitap just started doing their “12 Days of Christmas Holiday Drop” event, and it has created quite the buzz. As the name states, every twelve hours for twelve days, there is a new surprise offer to claim. People have started to claim their offers, which have included $TAP coin bonuses and free Digitap Pro accounts. However, as one appears, the next one is gone. That’s why people are constantly in a hurry to unwrap all these gifts before they disappear.
OVER $300K IN BONUSES, PRIZES, GIVEAWAYS. DIGITAP CHRISTMAS SALE IS LIVE
What gives the edge to Digitap over Cardano and Ethereum?
While Cardano and Ethereum could still be good altcoins to buy for some traders, many are focusing on the Digitap advantages. For instance, it is now worth just $0.0371, but the expected launch price of the $TAP crypto is $0.14. This means anyone who buys it today could capitalize on a potential 277% growth.
Furthermore, the $TAP coin price is projected to go up to $0.0383 in just a few days. And while ADA and ETH could continue their dips, $TAP is set to go up. Getting it now guarantees you beat the next price pump. Considering all these factors, it is no wonder that so many traders are looking at $TAP as the best crypto to buy this Christmas.
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Presale: https://presale.digitap.app
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Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/cardano-and-ethereum-price-predictions-shock-investors-but-this-holidays-hottest-crypto-pick-could-be-digitap/
